Savings and Investments

How To Transfer Provident Fund (PF) Balance With Previous Employer To New Employer

How To Transfer Provident Fund (PF) Balance With Previous Employer To New Employer

Edited by Anshul | Thursday September 19, 2019

Employees' Provident Fund Organization or EPFO, the nodal agency that monitors Employees' Provident Fund contributions, allows the subscriber - or employees of an organisation of 20 or more individuals - to transfer provident fund (PF) balance with the previous employer to a new employer. In online transfer of PF, an employee has the option to get the claim attested by the previous employer. EPF is a government-run pension scheme in which mandatory contribution is deducted from the salary of an employee and contributed towards the provident fund.

Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19

Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19

Press Trust of India | Wednesday September 18, 2019, New Delhi

EPF interest rates: Retirement fund body EPFO is settling provident fund (PF) withdrawal claims at the interest rate of 8.55 per cent, which was approved for the financial year 2017-18.

Airtel Payments Bank Launches Bharosa Savings Account, Offers Free Insurance Cover Of Rs 5 Lakh

Airtel Payments Bank Launches Bharosa Savings Account, Offers Free Insurance Cover Of Rs 5 Lakh

Edited by Anshul | Tuesday September 17, 2019

Airtel Payments Bank said it aims to create formal banking behaviours of usage and transactions through a bank account, all accessed through a point more close to the underserved.

HDFC Bank Revises Fixed Deposit Interest Rates, Details Here

HDFC Bank Revises Fixed Deposit Interest Rates, Details Here

Edited by Anshul | Sunday September 15, 2019

HDFC Bank FD interest rates: HDFC Bank is offering 6.60 per cent interest rate on maturity period of one year to the general public on FDs of up to Rs. 2 crore.

Post Office Public Provident Fund Account: Interest Rate, Tax Benefits Explained Here

Post Office Public Provident Fund Account: Interest Rate, Tax Benefits Explained Here

Edited by Abhishek Jejani | Tuesday September 10, 2019

The post office public provident fund account offers an interest of 7.9 per cent per annum, which is compounded yearly.

SBI Home Loans Get Cheaper From Today, Details Here

SBI Home Loans Get Cheaper From Today, Details Here

Edited by Anshul | Tuesday September 10, 2019

State Bank of India's MCLR, the rate to which all of its loans are linked, now stands at 8.15 per cent for the one-year tenor, from 8.25 per cent earlier, according to SBI's statement.

SBI Flexi Deposit Scheme: Interest Rates And Other Details

SBI Flexi Deposit Scheme: Interest Rates And Other Details

Edited by Abhishek Jejani | Sunday September 08, 2019

For SBI's flexi deposit account, the minimum instalment amount is Rs. 500, and in a financial year, a person has to deposit a minimum of Rs. 5,000.

Post Office Senior Citizen Savings Scheme: Eligibility, Interest Rates Explained Here

Post Office Senior Citizen Savings Scheme: Eligibility, Interest Rates Explained Here

Edited by Abhishek Jejani | Sunday September 08, 2019

Investments under the post office senior citizen savings scheme (SCSS) also qualify for the benefit of Section 80C of the Income Tax Act.

Atal Pension Yojana: Eligibility, Contribution And Other Details

Atal Pension Yojana: Eligibility, Contribution And Other Details

Edited by Anshul | Saturday September 07, 2019

Opening an APY account requires the applicant to hold a savings account either with a bank or a post office, according to NSDL.

Bank Of India Revises Fixed Deposit Interest Rates

Bank Of India Revises Fixed Deposit Interest Rates

Edited by Anshul | Saturday September 07, 2019

According to the latest Bank of India FD rates, the bank is offering 4.25 per cent interest rate on maturity period of 7-14 days to the general public on FDs below Rs 2 crore.